Mechanism to measure poverty

ISLAMABAD (APP) - Oxford University and United Nations Development Programme have jointly launched a new mechanism to scale the poverty level across the world. This new poverty measure by Oxford Poverty and Human Development Initiative (OPHI) of the University and the Human Development Report Office of the UNDP launched from London gives a multidimensional picture of people living in poverty as a creators say it could help target development resources more effectively. New measure, the Multidimensional Poverty Index, or MPI, was developed and applied by OPHI with UNDP support, and will be featured in the forthcoming 20th anniversary edition of the UNDP Human Development Report coming out in October this year. The MPI assesses a range of critical factors or 'deprivations at the household level: from education to health outcomes to assets and services. This new multidimensional approach to assessing poverty has been adapted for national use in Mexico, and is now being considered by Chile and Colombia. The UNDP Human Development Report Office is joining forces with OPHI to promote international discussions on the practical applicability of this multidimensional approach to measuring poverty.

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